With the advancements in technology, electrical energy has become a basic need to support every field of life including Electric Vehicles (EVs), Industry automation, security networks and communication systems. This, in turn, demands a high order of design, protection and measurement setup of power transmission from the energy source to the end users (load) with minimum loss of energy. All types of loads need a nominal supply voltage to operate, which necessary for its safe operation. Usually the nominal-rated voltage allows ±5% variation tolerance in the operation of loads, without affecting the equipment. The transmission lines that connect several smart grids are called as interconnection, by using it the stability and proficiency can be increased. It should provide reliable and secure communication, with a low-cost solution. Hence, in this research paper, an efficient communication system based on wireless sensor networks will be under consideration, to ensure good quality of service for smart grids. The initial two points that are required to be covered include 1) research on optimum network topology to connect several smart grids and 2) interference cancellation to avoid errors in transmission due to the induced field from the power lines. In addition, 3) the wireless sensor network will be used to support efficient data collection, self-organization of the network and data reduction by removing the redundancy. Finally, 4) development of data prediction algorithm to reduce the transmission rate and latency. Overall, these approaches will help in development of smart network to reduce the energy wastage, ensure nominal supply voltage, increased reliability and improved communication network as compared to existing solutions. The presented work includes the two sorts of wind and solar energy in ordinary working environments and illuminates the energy trade between buyers and power Production Company. The expense of power isn't thought about; however, the various buyers can pick the least expensive energy.